Posts Tagged ‘money’
Take a look at the data from the last two months – it may surprise you.
Read the Full Newsletter Gold is forming a base. It is starting to break out of rounding bottom and has its sights set on the 50-day Moving Average, which stands at $1682. I returned to our home in Wayzata, Minnesota on Saturday. I spent a week here, two months ago, and on Saturday, when I opened my Word files on my [...]
Why the U.S. Wants a War
Read the Wednesday Afternoon Wrap-Up for 3/28/2012 and the Thursday Morning Commentary for 3/29/2012 As a species, humanity is the world’s most spectacular creation. Whether shaped by evolution or divinity, its complexity is unparalleled, and progress unchallenged. Man is supposed to be a benign, social creature, and throughout my life, I [...]
Global economic crisis explained in layman’s language
Andy Hoffman interview with David Duffield of ultimatemoney.com putting the current economic crises in terms that everyone can understand. Listen to the interview on UltimateMoney.com: Global economic crisis explained in layman’s language You will also find a full transcript of the interview at the above link.
The Seven Characteristics of Money
Read the Thursday Afternoon Wrap-up for 3/22/2012 and the Friday Morning Commentary for 3/23/2012 If there is one thing I try to relate, it is that gold is NOT an "investment," but MONEY. "Dollars" and "Euros" are currency, but currency is not MONEY. In my presentation last night, Andy Schectman and I were allocated two slides [...]
A Few Thoughts on Gold Confiscation
I am going to lead off with an interesting email from one of our readers. He has concerns about owning gold. I shall attempt to answer his questions as honestly and intelligently as possible. Hi David, I joined your email list after hearing you on KWN, and I greatly look forward to your communication each day. I was an equity analyst in the [...]
What Lies Ahead for Gold & Silver Next Week?
September and the final quarter of 2011 is going to be a wild and wooly affair. If you are not yet into gold and silver related assets you had best start getting involved. If you own them buy more. You have no idea how really wild this is going to get. -Bob Chapman "The fact that sovereign debt is among the last to fail does not mean that it [...]
Illusion of Prosperity in the US
READ THE FULL NEWSLETTER QUOTE: "If the average American people ever allow private banks to control the issue of their currency, first by inflation and then by deflation, the banks and the corporations that will grow up around them, will deprive the people of all property until their children will wake up homeless on the continent that their [...]
The bull market in silver is still alive.
READ THE FULL NEWSLETTER The gold and silver markets traded much higher on Tuesday with gold touching an all-time high of $1,780.80. JP Morgan just increased their forecast for gold bullion to $2,500 by year-end. Why would JPM make a forecast like this? What do they see coming? Only time will tell, but this is just another reason to own [...]
Yesterday’s Carnage in the Markets
READ THE FULL NEWSLETTER Last minute comments It's 4:25 a.m. here in Minneapolis and I am checking out the markets in Asia and London. Gold is already back UP $19.40, and rapidly rising, to $1,668.20, and silver is up $0.81 to $39.69. The industrial commodities, oil (down $0.51 to 86.12), platinum (down $18 to $1,703) and palladium (down $5 [...]
I bet gold tops $1750 by the end of September
READ THE FULL NEWSLETTER Gold, as I write, is skeptical and is up 21 points to a new record high. What's gold worried about? For one thing, the Obama-Congress triumph doesn't address the galloping costs of Medicare and Medicaid, which will explode as the US population expands. The new bill says not a word about the rising costs. One way [...]
